1. How is buying a foreclosure different?

    Reader Question: Monty, I found a home I loved, but it was under contract. The market seems more competitive, but I have a decent real estate agent. Because the market seems tougher, I wonder how to get into the foreclosure market. If you have any advice here, I will appreciate your thoughts. Bridgette S. – […]

  2. Is there a Top 10 checklist for Home Buyers?

    Reader Question: Monty, I read your 10 Myths article. Do you have a list of top 10 tips for homebuyers?  Mason T. – Nashville, TN Monty’s Answer: Hello Mason, that is a good question. Here is a Top 10 list I created as a response. I have linked each tip to additional information for you. […]

  3. My home is underwater - what should I do?

    Reader Question: Monty, we have a family member whose home is underwater. They owe $114,000 on the mortgage with a monthly PITI payment of $890.00. They paid $119,000 for it. Here, is the problem. They are divorcing, and his wife has moved out of the house. A local agent has estimated the home will sell today for between $75,000 and $90,000. Our […]

  4. Is there a Top 10 Real Estate Myths?

    Reader Question: Dear Monty, you write a lot about the myths and misinformation in real estate. Do you have a “Top 10 real estate myths” kind of thing for that stuff? – Jason S. Chicago, ILL Monty’s Answer: Hello Jason, Thanks for asking. It is an insightful question. Here is a list of the “Top […]

  5. What is real estate?

    Knowing how real estate works Real estate defined in law is an “immovable object” with a legal description that defines its space and place in our geography. A Registered Land Surveyor is a person with specialized knowledge on measuring and documenting land parcels according to the law.  As the United States has grown, most every […]

  6. Who sets the rules and laws in real estate?

    What You Do Not Know Can Hurt You Most of us coming into the real estate market today are searching for information. We tend to look for information about homes, neighborhoods and financing. Consumers  do not always ask the right questions  because they do not know which questions  to ask. Conversely,  agents do not realize […]

  7. What are Fair Housing Laws?

    The Law Says.. Federal law requires that all people be treated equally and prohibits discrimination in the housing industry throughout the United States. The law also applies to mortgages, insurance and rental housing. The Federal Fair Housing Law makes discrimination  illegal against individuals based on their sex, age, race, color, sexual orientation, religion, national origin, […]